BenefitsLink Message Boards > Can you convert a Roth IRA to the new Retirement Savings Account (RSA) or Lifetime Savings Account (LSA)?

Full Version: Can you convert a Roth IRA to the new Retirement Savings Account (RSA) or Lifetime Savings Account (LSA)?

BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs

ENDER

Feb 5 2005, 03:24 AM

Can you convert a Roth IRA to the new Retirement Savings Account (RSA) or Lifetime Savings Account (LSA)? If so, how would it be done and would there be any drawbacks to doing so?

pax

Feb 5 2005, 08:41 AM

I believe the RSA and LSA concepts are merely proposals.

wayray69

Feb 26 2005, 12:02 PM

At this point RSA's are not law.

dh003i

Mar 6 2005, 09:42 PM

They are both merely proposals, unfortuantely. Hopefully, they'll be on the books soon.

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